Connecticut Wealth Management LLC Sells 5,538 Shares of iShares S&P 500 Growth ETF (NYSEARCA:IVW)

Connecticut Wealth Management LLC decreased its holdings in iShares S&P 500 Growth ETF (NYSEARCA:IVW) by 1.2% in the 4th quarter, HoldingsChannel reports. The firm owned 470,553 shares of the company’s stock after selling 5,538 shares during the quarter. iShares S&P 500 Growth ETF accounts for approximately 2.0% of Connecticut Wealth Management LLC’s portfolio, making the stock its 11th largest position. Connecticut Wealth Management LLC’s holdings in iShares S&P 500 Growth ETF were worth $35,338,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Financial Connections Group Inc. acquired a new stake in shares of iShares S&P 500 Growth ETF during the fourth quarter worth $28,000. Goodwin Investment Advisory acquired a new position in shares of iShares S&P 500 Growth ETF during the fourth quarter worth about $29,000. Life Planning Partners Inc acquired a new position in shares of iShares S&P 500 Growth ETF during the fourth quarter worth about $32,000. Howe & Rusling Inc. boosted its position in iShares S&P 500 Growth ETF by 1,137.2% during the third quarter. Howe & Rusling Inc. now owns 532 shares of the company’s stock valued at $36,000 after purchasing an additional 489 shares during the last quarter. Finally, Capital Investment Counsel Inc acquired a new position in iShares S&P 500 Growth ETF during the third quarter valued at approximately $42,000.

iShares S&P 500 Growth ETF Stock Performance

NYSEARCA IVW traded up $1.52 during trading hours on Friday, hitting $83.37. 2,580,985 shares of the company traded hands, compared to its average volume of 3,509,656. iShares S&P 500 Growth ETF has a twelve month low of $63.19 and a twelve month high of $85.56. The stock has a market capitalization of $43.54 billion, a price-to-earnings ratio of 27.41 and a beta of 1.12. The business’s 50-day moving average is $83.08 and its 200-day moving average is $77.35.

About iShares S&P 500 Growth ETF

iShares S&P 500 Growth ETF, formerly iShares S&P 500 Growth Index Fund (the Growth Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the S&P 500/Citigroup Growth Index (the Growth Index). The Growth Index measures the performance of the large-capitalization growth sector of the United States equity market.